In Rethinking Capitalism, leading economists challenge orthodox ideas about economic theory and policy and propose new approaches to achieving a more just and sustainable economy. The contributors analyse the reality of contemporary capitalism and the failure of current economic policies to encourage long–term growth, innovation and investment, to tackle climate change, or to achieve an equitable distribution of income and wealth.  Each chapter shows how these deep economic problems in developed countries reflect the inadequacies of contemporary economic theory introduces alternative economic frameworks which better explain how capitalism works; and suggests practical policy reforms to address these problems. The chapters cover topics such as fiscal and monetary policy, inequality, climate change, the financial system, innovation, government intervention, and austerity. This is a comprehensive look at capitalism in crisis that offers innovative, forward–thinking ideas for revitalizing modern economies.